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Jan 1, 2013
01/13
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the fiscal cliff deal passed by the senate? will hard line conservatives make it sxwobl in back now is reid wilson and ryan grim. thank you for coming back. >> hey. >> thanks for having us. >> do you think this bill will pass the houshgs and if not will democrats preferred to make further concessions? >> i think it will pass the house eventually. this is one of those moments, though, when i think speed is probably on the side of -- or, rather, it would benefit those who want to pass this bill. the faster you're able to get something to the floor and get it through a vote, the more likely you are to attract these conservatives and liberals, by the way, who might otherwise find a reason to vote against it. if the longer they take their time to sort of talk it through and go through the bill's details moment by moment, the more you'll get pressure from the outside and pressure from groups like everybody from the progressive campaign committee on the left to the heritage action and for growth on the right. the outside influences wi
the fiscal cliff deal passed by the senate? will hard line conservatives make it sxwobl in back now is reid wilson and ryan grim. thank you for coming back. >> hey. >> thanks for having us. >> do you think this bill will pass the houshgs and if not will democrats preferred to make further concessions? >> i think it will pass the house eventually. this is one of those moments, though, when i think speed is probably on the side of -- or, rather, it would benefit those who...
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Dec 30, 2012
12/12
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. >> the clock ticks down to the so-called fiscal cliff. >> closer than ever going over the fiscal cliff. >> the fiscal cliff negotiations are going no where. >> president obama may not have gotten a fiscal cliff deal, but keeping up the media pressure this sunday morning with an interview op"meet the press." we'll take a look. >>> from the david petraeus scandal to the trayvon martin tragedy. the media's performance in 2012, we'll have a report card. i'm howard kurtz and this is "reliable sources." >>> it was a striking moment when david gregory brandished that high ammunition magazine last sunday so much so we played it on this program. but that braumpted a d.c. police whether he violated the city's gun laws, one controversy that they fuind under assault. and eric who blogs about the media for "washington post." simple question, eric, should david gregory be prosecuted? >> well, i think he should be investigated. i'll leave that up to the prosecutors. but i definitely do believe unlike greta van susstrn and unlike you. >> and the "wall street journal" page. >> it turns out the district
. >> the clock ticks down to the so-called fiscal cliff. >> closer than ever going over the fiscal cliff. >> the fiscal cliff negotiations are going no where. >> president obama may not have gotten a fiscal cliff deal, but keeping up the media pressure this sunday morning with an interview op"meet the press." we'll take a look. >>> from the david petraeus scandal to the trayvon martin tragedy. the media's performance in 2012, we'll have a report card....
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Dec 26, 2012
12/12
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starbucks pushing congress to reach a deal on the fiscal cliff. wait until you hear about what they're doing to send encouraging notes to our elected leaders. are you optimistic that congress will meet a post-christmas fiscal cliff deal? [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >>> so as newtown, connecticut, recovers from the tragic shooting, police are across new england stepped in to give officers at the town's police department a day off to spend time with their families and that christmas is one of the millions the town received from all over the world after 20 children and 6 educators died in the massacre. and with students across the u.s. enj
starbucks pushing congress to reach a deal on the fiscal cliff. wait until you hear about what they're doing to send encouraging notes to our elected leaders. are you optimistic that congress will meet a post-christmas fiscal cliff deal? [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news....
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Dec 30, 2012
12/12
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if there's a fiscal cliff deal, you could see the markets rally. and on tuesday john boehner, the 113th congress is sworn in and john boehner is expected to be elected to his second term as house speaker by a vote in the house. we'll see if everyone plays nice in the sandbox and work together to solve the country's problems in 2013. if you're sitting down to breakfast, this bowl of cereal, that milk can get more expensive if a fiscal cliff deal is not reached. that gallon of milk might cost as much as $7. cnn's candy crowley spoke with secretary of agriculture tom vilsack. $7 milk? this is known as the dairy cliff, right? >> yes, it is. we've been so focused on other kinds of cliffs, but, in fact, because there is no farm bill, they revert back to some laws that were enacted in the 1940s. it would cause -- because milk won't be, if you will, propped up, it would cause milk prices too almost double, at least according to the agriculture secretary. they're working on a fix, something like that which hits consumers so hard. they'll notice that immedia
if there's a fiscal cliff deal, you could see the markets rally. and on tuesday john boehner, the 113th congress is sworn in and john boehner is expected to be elected to his second term as house speaker by a vote in the house. we'll see if everyone plays nice in the sandbox and work together to solve the country's problems in 2013. if you're sitting down to breakfast, this bowl of cereal, that milk can get more expensive if a fiscal cliff deal is not reached. that gallon of milk might cost as...
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Jan 1, 2013
01/13
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fiscal cliff deal puts kibosh on pay raises. it hasn't passed house so technically it is still on the table. >>> if the house passes the senate fiscal cliff bill we avoid going over the dairy cliff. this will prevent from milk prices doubling to nearly eight bucks a gallon the senate version of the bill extends the farm bill for another year, keeping current dairy programs in place. farmers allow people to focus on giving customers what they need. >> we have become more innovative. we're into the marketplace we have new products. we have lactose-free milk, low-fat, low sugar flavored milks. that is exactly what you're going to do now. what do you want a as consumer. we'll take care of you. juliet: house speaker john boehner has pushed back voting a new five-year farm bill for months saying it doesn't have the support it needs to pass. >>> brian, what's going on over there, buddy? brian: well, i'll trying to help a lot of american people. are you physicianed and faded out today because of wild new year's eve. do you feel you're h
fiscal cliff deal puts kibosh on pay raises. it hasn't passed house so technically it is still on the table. >>> if the house passes the senate fiscal cliff bill we avoid going over the dairy cliff. this will prevent from milk prices doubling to nearly eight bucks a gallon the senate version of the bill extends the farm bill for another year, keeping current dairy programs in place. farmers allow people to focus on giving customers what they need. >> we have become more...
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Dec 30, 2012
12/12
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not all deals are created equal. we want to see a fiscal cliff deal. if it cuts the heck out of all kind of programs, then you can have a deal that is actually a real drag on the recovery as well. maybe not a recession, but a slower year than we otherwise would and slow growth. again, there's two percentage points in the payroll tax scheduled to increase on january 1. if you look at how negotiations are going, it looks like it's going to happen. the typical family's taxes by $1,000 over the course of a year. >> the final one, we are talking debt ceiling. you think the fiscal cliff thing is bad for the economy. you wait and see if they can't get the debt ceiling worked out. >> right. it's one thing to go over the fiscal cliff. that would be bad. we don't want to it happen. a recession may happen. it would be unfortunate. it's different than the u.s. defaulting on the debt. you know, we saw that back in august, 2011, we saw the downgrade of the credit rating. just by having the threat of not approving the debt ceiling increase and the possibility of defa
not all deals are created equal. we want to see a fiscal cliff deal. if it cuts the heck out of all kind of programs, then you can have a deal that is actually a real drag on the recovery as well. maybe not a recession, but a slower year than we otherwise would and slow growth. again, there's two percentage points in the payroll tax scheduled to increase on january 1. if you look at how negotiations are going, it looks like it's going to happen. the typical family's taxes by $1,000 over the...
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Jan 1, 2013
01/13
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just two hours into the new year, though, the senate votes in favor of a deal to avoid the fiscal cliff. >> the yeas are 89, the nays are 8, 60-vote partial having been achieved, the bill as amended is passed. >> so, now it's all up to the house, where lawmakers will pick up the measure at 12:00 noon today. >>> meantime, in good spirits. doctors report secretary of state hillary clinton is making progress while being treated for a blood clot in her head at new york hospital. >> three, two, one! >> and ringing in 2013. close to a million people packed new york's times square to watch the ball drop and celebrate 2013. good morning, everyone. it is january 1st. welcome to this special new year's edition of "msnbc live." i'm chris jansing. >>> well, we do have a deal, but it's not a done deal just yet. a little bit after 2:00 eastern time this morning, two hours after the u.s. economy officially went over the fiscal cliff, the senate passed a deal to avert its worst effects. the bill passed easily. it was a vote of 89-8, and it set up a showdown in the house which will convene four hours fr
just two hours into the new year, though, the senate votes in favor of a deal to avoid the fiscal cliff. >> the yeas are 89, the nays are 8, 60-vote partial having been achieved, the bill as amended is passed. >> so, now it's all up to the house, where lawmakers will pick up the measure at 12:00 noon today. >>> meantime, in good spirits. doctors report secretary of state hillary clinton is making progress while being treated for a blood clot in her head at new york...
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Dec 30, 2012
12/12
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what are we looking at on wednesday when wall street opens again, if we have no fiscal cliff deal? >> i talked to independent economist, mark zandi, he said if there is no deal on wednesday, expect a slow bleed in financial markets, maybe 50 to 100 points lost on the dow per day for a couple of weeks, if in mid-january it becomes clear that even going over the cliff hasn't made a deal more likely, expect a huge selloff, perhaps 800 points rivalling what happened when the first t.a.r.p. bill went down in the fall of 2008 during the financial crisis, kate. >> john harwood, thanks so much. and there will be much more on all of this tight on a live special report on cnbc. it's titled "america's economy held hostage," that's at 8:00 eastern time. >>> overseas, this has been a very deadly weekend in syria, where the civil war has been going on now for 21 months, as fighting raged in a number of cities, activist groups say more than 50 people were killed today and yesterday was far worse, with almost 400 deaths reported. more than 45,000 people have died since the war began. and today, th
what are we looking at on wednesday when wall street opens again, if we have no fiscal cliff deal? >> i talked to independent economist, mark zandi, he said if there is no deal on wednesday, expect a slow bleed in financial markets, maybe 50 to 100 points lost on the dow per day for a couple of weeks, if in mid-january it becomes clear that even going over the cliff hasn't made a deal more likely, expect a huge selloff, perhaps 800 points rivalling what happened when the first t.a.r.p....
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Dec 26, 2012
12/12
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FBC
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tonight to work on a fiscal cliff deal. now, if the stakes weren't high enough, the treasury department upped ante just a short time ago. it announced the u.s. will hit the debt ceiling on december 31st that is monday. treasury department is undertaking and this is a quote, extraordinary measures to postpone the country's date with the debt deadline, but will this bring a new sense of urgency and motivate politicians to reach a budget deal. joining us now, lindsey piegza, economist with ftn financial and james freeman, assistant editor of "the wall street journal"'s editorial page. james, i will start with you. does the treasury department's statement literally within the last hour we'll hit the debt ceiling deadline on monday, does that add any kind of motivation they need to get their act together in washington? >> i don't know. i think it might just add a little skepticism. you remember when we went through this at 2011. they had various dates, finally months into it in august they said this is the real deadline. knowing
tonight to work on a fiscal cliff deal. now, if the stakes weren't high enough, the treasury department upped ante just a short time ago. it announced the u.s. will hit the debt ceiling on december 31st that is monday. treasury department is undertaking and this is a quote, extraordinary measures to postpone the country's date with the debt deadline, but will this bring a new sense of urgency and motivate politicians to reach a budget deal. joining us now, lindsey piegza, economist with ftn...
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Dec 27, 2012
12/12
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no fiscal cliff dealing in sight. now we are talking about hitting the debt ceiling on december 31. what are the top trades for 2013? cnbc contributor michael farr. good to see you. great to have you here. >> thanks, michelle. wonderful to be with you. >> have you heard about what timothy geithner said tonight? >> you are way better looking than kudlow. i know you heard that. this is a much better screen to look at from our glide flattery will get you everywhere. did you hear secretary geithner sent out a note saying that -- letter, official letter saying we are going to hit the debt ceiling monday. lee business days notice. >> perfect. >> what will that do to the markets tomorrow? >> you and i talked about this is a couple of years ago when we hit hit it in july and i was dead wrong. i was entirely dead wrong. i thought congress would make sure we wouldn't lose our aaa debt rate. >> and we did. >> and -- yeah. i figured certainly logically that yields would go up on bonds. and that the stock market would fall and just the opposite happening. what happen this time to the markets sti
no fiscal cliff dealing in sight. now we are talking about hitting the debt ceiling on december 31. what are the top trades for 2013? cnbc contributor michael farr. good to see you. great to have you here. >> thanks, michelle. wonderful to be with you. >> have you heard about what timothy geithner said tonight? >> you are way better looking than kudlow. i know you heard that. this is a much better screen to look at from our glide flattery will get you everywhere. did you hear...
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Dec 26, 2012
12/12
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tomorrow to work on the fiscal cliff deal before the year ends. house and senate members are expected to reconvene. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered by the new year. the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be open around the clock. maryland live is also prepared to immediately begin making the modifications required to add table games to the floor as soon as the regulation office makes it official. >>> a new 1200-seat auditorium is set to open in ocean city in 2014. it's going to be located at the ronald e. powell convention center. construction is set to begin in the fall on the $14 million project. >>> well, some netflix customers not too happy. they wanted to curl up on the couch and watch a movie on christmas eve. they were just out of luck. the streaming service for
tomorrow to work on the fiscal cliff deal before the year ends. house and senate members are expected to reconvene. without an agreement, automatic tax increases for everyone and deep spending cuts will be triggered by the new year. the main dispute continues to be over taxes. >>> if you want to play the slots at 2:00 in the morning, starting tomorrow you can. maryland live casino is set to kick off its first 24-hour gaming day. once the casino opens at 8:00 in the morning, it will be...
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Dec 29, 2012
12/12
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tonight's question, in light of the president's remarks, will a fiscal cliff deal get done? text "a" for yes, text "b" for no to 622639 or go to our blog at ed.msnbc.com. i'll bring you the results later in the show. joining me now is sheldon whitehouse from rhode island. thank you for joining us. >> thank you for having me. >> sir, this is serious, this is even dire. are you encouraged by the meeting today and the president's remarks in the aftermath of that meeting? >> well, i think that the decision to move the forum for the negotiations to the senate was a necessary one. i have a lot of confidence in harry reid's negotiating ability. mitch mcconnell is a veteran negotiator, and i think there's a far better prospect of something being worked out in the senate than there was dealing with speaker boehner and his completely dysfunctional house republican party. >> sure. well, abiding by convention and of course protocol, the senate won't return until sunday. will there be enough time for the senate leaders to really craft a deal that is substantiative and makes a difference,
tonight's question, in light of the president's remarks, will a fiscal cliff deal get done? text "a" for yes, text "b" for no to 622639 or go to our blog at ed.msnbc.com. i'll bring you the results later in the show. joining me now is sheldon whitehouse from rhode island. thank you for joining us. >> thank you for having me. >> sir, this is serious, this is even dire. are you encouraged by the meeting today and the president's remarks in the aftermath of that...
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Dec 27, 2012
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that will happen tonight to work on the fiscal cliff deal. >> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. >> president obama is cutting short his christmas vacation. he is leaving hawaii tonight so that he can be back in washington when congress reconvenes tomorrow. >> laura: so we should believe that by leaving his island enclave that the president was making some big sacrifice for the country? i'm thinking washington, crossing the delaware on a bitter christmas night 1776 before going on to defeat the british in two major battles, that's sacrifice. i, for one, never understood how in good conscious any of these politicians would think about leaving town with so much riding on this cliff hanger? shouldn't they get their work done before they leave town for a break? that's what's expected for most working americans but then again washington politicians have rules of their own. people whose salaries that we pay are called public servants. meaning they verve us. not the other way around. we don't work to make their lives better. they are supposed t
that will happen tonight to work on the fiscal cliff deal. >> the looming fiscal cliff is forcing president obama to cut short his christmas vacation. >> president obama is cutting short his christmas vacation. he is leaving hawaii tonight so that he can be back in washington when congress reconvenes tomorrow. >> laura: so we should believe that by leaving his island enclave that the president was making some big sacrifice for the country? i'm thinking washington, crossing the...
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Dec 28, 2012
12/12
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goakd up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> the president did say deja vu all over again. if corker is right, we are going to say some of the same machinations we've seen before. if it doesn't happen, the president wants that up or down vote on his plan. >> remember night, monday night is new year's eve when it all could go bad. >> and happy new year to you. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recession. congress impressional democrats attended a new year's eve style rally saying the fiscal cliff ball is in the republican court. surae chinn is on capitol hill. >> i'm urging congress to take action, stop playing games, and let's move on. >> reporter: frustration has boiled over for bob packer, a small business owner. >> i'm disappointed and angry. if they were my representeddives, i'd certainly vote them out of office. >> on tie mitchell of brokering a deal is waning. >> we do have a chance, an outside chance to get this done. >> w
goakd up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> the president did say deja vu all over again. if corker is right, we are going to say some of the same machinations we've seen before. if it doesn't happen, the president wants that up or down vote on his plan. >> remember night, monday night is new year's eve when it all could go bad. >> and happy new year to you. >> thank you, gary. >>>...
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Dec 27, 2012
12/12
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starbucks brews up a bold campaign to get a deal done on the fiscal cliff. details are coming up next. you can never have too much money and a damn good cup of joe. ♪ . ♪ . adam: not so beautiful if you're caught in a blizzard hitting part of the country but that's another story. time for a little fun with spare change. we are joined today by fox ne contributor julie roginsky and our ownennis kneale. first up, if you love country, i don't know if you guys are starbks people -- >> i am. adam: dennis are you starbucks? too bitter. >> you're too sweet. adam: starbucks wants to send a message to lawmakers, notice i ignored that one. message to lawmakers about the fiscal cliff. they're using coffee cups to do the job. the ceo at starbucks is urging starbucks workers and employees in the washington, d.c. area to write on the cups, come together, come together right now. i guess quoting the beatles. thursday and friday. dennis, what do you think?. >> that should fix it. that's all we needed. either conjures up very old beatles cliche or elusive quest in the bed
starbucks brews up a bold campaign to get a deal done on the fiscal cliff. details are coming up next. you can never have too much money and a damn good cup of joe. ♪ . ♪ . adam: not so beautiful if you're caught in a blizzard hitting part of the country but that's another story. time for a little fun with spare change. we are joined today by fox ne contributor julie roginsky and our ownennis kneale. first up, if you love country, i don't know if you guys are starbks people -- >> i...
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Dec 24, 2012
12/12
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, the impact is as unlikely as immediate as the term "fiscal cliff" seems to imply. the expiration of the tax cuts with a $2200 average tax high. the payroll tax cut would also expire meaning another $40 a paycheck and long-term unemployment benefits would end for 2 million americans. while these elements could have a recession-inducing effect, they could undo those measures shortly after the first of the year. estimations are if we do go over the cliff it would be the third quarter which the recession may hit. when be look at the issue of a -- the markets, however, may feel the brunt of the fiscal cliff fallout. the dow fell on friday after the deal failed the night before. last week fitch warned it may downgrade the u.s. credit rating if congress cannot reach a deal. some lawmakers are angling for the best political outcountry. >> when i listen to the president, i think he's eager to go over the cliff for political purposes. he gets all this additional tax revenue for new programs, gets to cut the military which democrats have been calling for for years, and he get
, the impact is as unlikely as immediate as the term "fiscal cliff" seems to imply. the expiration of the tax cuts with a $2200 average tax high. the payroll tax cut would also expire meaning another $40 a paycheck and long-term unemployment benefits would end for 2 million americans. while these elements could have a recession-inducing effect, they could undo those measures shortly after the first of the year. estimations are if we do go over the cliff it would be the third quarter...
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Jan 1, 2013
01/13
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rick: the senate reaching a deal overnight to avert the fiscal cliff. so who are the winners and who are the losers? a fair and balanced debate on that. >> it's not something that any of us would say, oh, i love it. i don't love it, but i think it is a very good job of negotiating where there are some wins and some losses. new prilosec otc wildberry is the same frequent heartburn treatment as plosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer one pill each morning. 2hours. zero heartburn. satisfaion guaranteed or your money back. heather: welcome back and happy new year. thousands of people welcoming in 2013 in key west, florida, with the drop of a shoe. take a look at this. have you heard about this tradition? the annual drag queen drop, yea
rick: the senate reaching a deal overnight to avert the fiscal cliff. so who are the winners and who are the losers? a fair and balanced debate on that. >> it's not something that any of us would say, oh, i love it. i don't love it, but i think it is a very good job of negotiating where there are some wins and some losses. new prilosec otc wildberry is the same frequent heartburn treatment as plosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a...
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Dec 29, 2012
12/12
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struggle to reach a deal to avert the fiscal cliff, for a larger deal along the lines laid out by the simpson bowls commission is a part of the past that is a disappointment, the key architect of the fix the debt campaign and maya mcginnis. thanks for being with me on this saturday, maya. >> thank you. >> am i right in suggesting that even if a deal is fixed it would be far too small for your liking. >> you are right. the immediate pressing task is to not hurl the country over the fiscal cliff and i disagree it wouldn't be a problem if we went over it, and i worry that the ramifications of going over the cliff could be quite severe, not just that tax increases would be put in place because realistically at some point zee to come to terms with the fact we need to raise revenues and we'll have to raise taxes in one way or another and the point is that the fiscal cliff is a way that we would put a ton of economic damage in the economy and a lot of uncertainty about whether washington can govern. but just as important or using that fiscal cliff and not going over it and using that moment
struggle to reach a deal to avert the fiscal cliff, for a larger deal along the lines laid out by the simpson bowls commission is a part of the past that is a disappointment, the key architect of the fix the debt campaign and maya mcginnis. thanks for being with me on this saturday, maya. >> thank you. >> am i right in suggesting that even if a deal is fixed it would be far too small for your liking. >> you are right. the immediate pressing task is to not hurl the country over...
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Jan 1, 2013
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will go over the fiscal cliff. but what about this deal that is shaping up and may be a done deal? we now turn to chief congressional correspondent mike emanuel live monitoring all of the back and forth up on the hill. hi, mike. >> hi, bret, good evening. democratic sources feel like there is a deal between the white house and congressional republicans to move forward on the deal. republican sources essentially vice president biden s up here to push it across the finish line. there are are some reluctant democrats who think that extending the bush tax cut should have a lower rate. they were hoping it would be only extended for are individuals making $200,000, couples making $250,000. all indications are are the number is going to be extended for those making up to $400,000 and $450,000. a compromise if you will and so bottom line the vice president has come up here to meet with senate democrats to it essentially push it across the finish line after a long day of negotiating with senate republican leader mitch mcconnell. he told members earlier in the day he thought he had a done de
will go over the fiscal cliff. but what about this deal that is shaping up and may be a done deal? we now turn to chief congressional correspondent mike emanuel live monitoring all of the back and forth up on the hill. hi, mike. >> hi, bret, good evening. democratic sources feel like there is a deal between the white house and congressional republicans to move forward on the deal. republican sources essentially vice president biden s up here to push it across the finish line. there are...
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Dec 28, 2012
12/12
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KPIX
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the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start ta
the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers...
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Dec 25, 2012
12/12
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washington did not get a fiscal cliff deal for christmas so that means president obama and lawmakers will need to kick it to overdrive to get something done by new year's. this is easier said than done. >> after weeks of bitterness, this is not a contest of the parties between who looks good and who doesn't. >> the only thing both sides agree on now is christmas may provide a cooling off period. >> ebb can drink eggnog. have christmas cookies. sing christmas carols. enjoy company of loved ones. >> hope springers eternal. >> when the christmas trees come down tomorrow from waikiki beach and elsewhere, the nation will be staring at the cliff that economists warned could spark a new recession. the fact is both sides are further apart than the holiday messages suggest. this puts the speaker in a box leading to collapse of plan "a" of $4 trillion debt deal and the slimmeded-down plan "b." >> in the course, i offered to compromise with republicans in congress. i met them halfway on taxes and more than halfway on spen spending. >> boehner is saying that the stumbling block will lead to taxe
washington did not get a fiscal cliff deal for christmas so that means president obama and lawmakers will need to kick it to overdrive to get something done by new year's. this is easier said than done. >> after weeks of bitterness, this is not a contest of the parties between who looks good and who doesn't. >> the only thing both sides agree on now is christmas may provide a cooling off period. >> ebb can drink eggnog. have christmas cookies. sing christmas carols. enjoy...
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Dec 31, 2012
12/12
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WUSA
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a wide-ranging deal to avoid the fiscal cliff remains illusive and washington leaders have only hours to reach an agreement. >>> secretary of state hillary clinton is in a new york city hospital this morning being treated for a blood clot related to her concussion earlier this month. >>> and feats of bravery on a frozen lake. a half dozen people fall through a sheet of life while trying to save a man from freezing cold water. captioning funded by cbs >>> this is the "cbs morning news" for monday december 31st 2012. good morning, everybody, on this new year's eve. good to be with you. i'm terrell brown. secretary of state hillary clinton is being treated for a blood clot. doctors found it following a concussion. marlie hall is at presbyterian hospital this morning. good morning. >> reporter: good morning, terrell. mrs. clinton will spend the morning at the hospital as doctors keep her under close watch. they say she'll be under observation for 48 hours. as you mentioned, a blood clot was mentioned after she came in for a routine exam. it was a follow-up actually to a concussion that sh
a wide-ranging deal to avoid the fiscal cliff remains illusive and washington leaders have only hours to reach an agreement. >>> secretary of state hillary clinton is in a new york city hospital this morning being treated for a blood clot related to her concussion earlier this month. >>> and feats of bravery on a frozen lake. a half dozen people fall through a sheet of life while trying to save a man from freezing cold water. captioning funded by cbs >>> this is the...
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Dec 29, 2012
12/12
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FOXNEWSW
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i think beyond in fiscal cliff deal there has to be a long-range plan. the simpson bowles plan i think is the one that makes most sense entitlement reform, spending cuts. and many other measures that need to happen. look, we have to have jobs and economic growth in this country he. that should be paramount in trying to resolve these economic problems. i think the congress and the president as soon as this deal is over and i think there will be one in the next week or so, short-term first, then a longer term one has to get down to job creation, economic growth, technology growth, international issues affecting our international security, this really needs to happen and it has to be bipartisan and i think we are moving in that direction right now. >> i'm going to make a final bet and prediction with you only because we are odd friends. i will bet you a gentleman's bet that the president wants the fiscal cliff and he will come back and give back the new tax increases and then there will be a huge fight over the debt ceiling and i don't see a path to any rea
i think beyond in fiscal cliff deal there has to be a long-range plan. the simpson bowles plan i think is the one that makes most sense entitlement reform, spending cuts. and many other measures that need to happen. look, we have to have jobs and economic growth in this country he. that should be paramount in trying to resolve these economic problems. i think the congress and the president as soon as this deal is over and i think there will be one in the next week or so, short-term first, then...
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Dec 24, 2012
12/12
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MSNBCW
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we did deal with the fiscal cliff issues weeks have passed that. it's harry reid and the president that have yet to come up with something. if it was so easy, if they thought they had a solution to it, why didn't on friday they come to the table and actually pass something? the pressure is on them, what can they pass in the senate? >> harold, you know the politics of this but you also know the markets and how they've been reacting and wall street and corporate america more generally. is there new pessimism that we're, a, not going to get a deal and not solve the issue anyway? >> big disappointment. people outside of washington understand clearly. a couple hundred billion over ten years separating both sides. the question becomes can washington still govern itself? two, there's a realization we're in the middle of a small recovery. if we find ourselves not able to resolve this moment, it retards and slows and undermines what we see ourselves doing going forward. finally, for the life of me as someone who sfrd there, it was so distressful to watch bo
we did deal with the fiscal cliff issues weeks have passed that. it's harry reid and the president that have yet to come up with something. if it was so easy, if they thought they had a solution to it, why didn't on friday they come to the table and actually pass something? the pressure is on them, what can they pass in the senate? >> harold, you know the politics of this but you also know the markets and how they've been reacting and wall street and corporate america more generally. is...
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Dec 24, 2012
12/12
by
CNBC
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how is oil dependent on fiscal cliff deal or no deal? >> well, i think that's the biggest short-term burden that crude oil and most of the commodities have right now. the biggest factor is if no deal is done by year end, the possibility of the u.s. slipping into a recession in the first half, greatly increases significantly. if that does that, you can see crude oil prices back off to that short-term support right around 86. i think overhead we're met with about a 91 resistance. the volume and also the participants in the market are going to be significantly less as a result of these fiscal cliff worries. >> we're going to sort of trend right around here -- it doesn't look like we're going to get a deal before year end of any great significance. that being said, we may get one last year. do we trade in line right here? >> so we're going to trade probably 91 on the upside, 86 on the low side. i think once a deal is done, you're going to see a reemergence of a risk-on rally. i think that's where crude oil breaks out to the upside. we start
how is oil dependent on fiscal cliff deal or no deal? >> well, i think that's the biggest short-term burden that crude oil and most of the commodities have right now. the biggest factor is if no deal is done by year end, the possibility of the u.s. slipping into a recession in the first half, greatly increases significantly. if that does that, you can see crude oil prices back off to that short-term support right around 86. i think overhead we're met with about a 91 resistance. the volume...
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Jan 1, 2013
01/13
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CNNW
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it is like, my god, the fiscal cliff, the fiscal cliff. we'll deal with it in two months. jessica yellin, so much more to talk to you about. we'll check in later, but thanks so much. >>> as we wait for republicans and democrats to come to the microphones, one democrat just left the meeting, he's going to be joining us next. sten to thesy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of helping others, he gets some helpful advice. just two aleve have the strength to keep back pain away all day. today,
it is like, my god, the fiscal cliff, the fiscal cliff. we'll deal with it in two months. jessica yellin, so much more to talk to you about. we'll check in later, but thanks so much. >>> as we wait for republicans and democrats to come to the microphones, one democrat just left the meeting, he's going to be joining us next. sten to thesy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i...
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Dec 28, 2012
12/12
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WTTG
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eye 83
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cliff to deal with this fiscal cliff. >> reporter: with expectation low, lawmakers are talk about how to retroactively fix any damage done by going over the cliff with congress. nicole collins, fox news. >>> developing tonight, a strike that could have shut down ports up and down the east coast is averted for now. the long shoreman's union along the east coast and gulf of mexico will extend the current contract for 30 days. that extension prevents a possible strike that could have crippled operations at port and including the port of baltimore. in a statement today, the maryland governor martin o'malley wrote, quote, the port of baltimore continues to be a major part of the state economic strait generating and supporting thousands of jobs. during the extended period, we hope long-term resolutions can be reached for the hardworking families who depend on jobs and commerce linked to the port of baltimore. >>> to the state of the skins. it's the hottest ticket in town. the redskins play host sunday night as the two teams battle it out for the nfc east title and a place in the play-offs.
cliff to deal with this fiscal cliff. >> reporter: with expectation low, lawmakers are talk about how to retroactively fix any damage done by going over the cliff with congress. nicole collins, fox news. >>> developing tonight, a strike that could have shut down ports up and down the east coast is averted for now. the long shoreman's union along the east coast and gulf of mexico will extend the current contract for 30 days. that extension prevents a possible strike that could...
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Dec 31, 2012
12/12
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WBFF
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recession.lawmakers hoping for a fiscal cliff deal to ote on when they return to capitol hiil this morning... won't get senators went home ast night wiihout a final fiscal llff package but negotiations will crowlle says: "eeery indication right now is that to not work in ggod faith with the president. there's still time left ann itts my hhpe sennessand do theeright thing &pfor the american people." raising taxes to pay for new - sppnding is not something ttat republicans believe this debate ought to be aboutt it ought to be about reducing the deeicit and the debt and wwat they'rr essentially suggesting is, we want new taxes,,we want higherrtaxes on people in this country to pay for new spending" spending."the senate iss pcheduled to reconnene at 11-a- m. while the fiscal cliff balance...americcns could soon breatte a sigh of relief when it comes to milk prices. lawmakers agreed to ign a one year extension of the u-s farm bill... that wuld stop prices from doubling in 2013.the hhuse of representativee' agriculture committee...the be passsd by the house and senate... and the be signed by dun
recession.lawmakers hoping for a fiscal cliff deal to ote on when they return to capitol hiil this morning... won't get senators went home ast night wiihout a final fiscal llff package but negotiations will crowlle says: "eeery indication right now is that to not work in ggod faith with the president. there's still time left ann itts my hhpe sennessand do theeright thing &pfor the american people." raising taxes to pay for new - sppnding is not something ttat republicans believe...
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Dec 26, 2012
12/12
by
KPIX
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farmers will also feel the impact if lawmakers fail to reach a deal on the fiscal cliff. bimultibillion-dollar aid bill may be a casualty of the casuemate. the ripple effects would be felt far from the fields. we asked anna warner to look into that. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it uncertain for ehat you should do next year. >> reporter: steve is a pharmacist here and a rice farmer. the people are nervous. >> very nervous. wh reporter: what are they saying when they're coming in? what are you hearing? >> "what do we do?" you know, they don't know what to do. ht's so uncertain right now that the banks don't know what to do. the farmers don't know what it do. they're out there plowing the land, getting it all prepared for next year, with total cecertainty. >> reporter: at stake, $154 billion in federal farm aid and isop insurance, sidelined by the fiscal cliff stalemate. benefit
farmers will also feel the impact if lawmakers fail to reach a deal on the fiscal cliff. bimultibillion-dollar aid bill may be a casualty of the casuemate. the ripple effects would be felt far from the fields. we asked anna warner to look into that. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it...
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Dec 29, 2012
12/12
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CNBC
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there's no deal, no new offer on the fiscal cliff crisis. president obama has just told the two senate leaders they should make the deal. the results immediately felt in the financial markets. look where the dow closed down 158 points when it became very clear nothing was happening and now take a look at where the numbers are in the after markets. we would open now down 315 points on the dow if we started trading now. down 315 points. we have much more on this throughout the rest of the program, but the market's very unhappy. we do have some good news to report tonight. looks like at least one cliff has been averted for the time being. the so-called container cliff. the union that represents dock workers and u.s. maritime lines came to an agreement today to extend their current contract for 30 days. this is a big relief now for the retail industry and consumers who were staring at real destruction again for the supply chain. here now is jonathan gold and he's vice president of supply chain and customs policy for the national retail federatio
there's no deal, no new offer on the fiscal cliff crisis. president obama has just told the two senate leaders they should make the deal. the results immediately felt in the financial markets. look where the dow closed down 158 points when it became very clear nothing was happening and now take a look at where the numbers are in the after markets. we would open now down 315 points on the dow if we started trading now. down 315 points. we have much more on this throughout the rest of the...
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Dec 29, 2012
12/12
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FOXNEWSW
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there is no deal yet for the fiscal cliff. but for now we have at least avoided the container cliff. 15,000 dock workers at 15 major u.s. ports and port owners agreeing to extend an expired contract for 30 days. the main issue is container royalties. the heavier the container the more dock workers get paid. owners want to cap payments. a strike would have meant higher prices on many goods like clothing, auto goods and electronic products because they would have been in short supply. emma lou harris could be in trouble with the law. tmz reports that harris is accused of hitting another car on a highway then driving off. the l.a. county d.a. is deciding whether harris will face any charges. in one was hurt. a rep for the singer says it was so minor harris didn't even know she hit the other car. and those are your headlines. >> thank you, juliet. let's talk about this story because this is outrageous. >> dave: unbelievable. >> juliet: sick. >> clayton: here is what vladimir putin did in response to the united states trying to put
there is no deal yet for the fiscal cliff. but for now we have at least avoided the container cliff. 15,000 dock workers at 15 major u.s. ports and port owners agreeing to extend an expired contract for 30 days. the main issue is container royalties. the heavier the container the more dock workers get paid. owners want to cap payments. a strike would have meant higher prices on many goods like clothing, auto goods and electronic products because they would have been in short supply. emma lou...
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Dec 27, 2012
12/12
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FOXNEWSW
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if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial dollars. $500,000 to $1 million pays $34,000 more. they want $215,000 on top of what you pay in taxes. >> the wealth manager says the money you have left as far as businesses also deal with their own tax hikes. >> you are going to see less money in your paycheck. >> the government has to bite the bullet with $1.2 trillion in spending cuts. more than half of that is to the defense budget. >> they say families may need austerity calculation before making big purchases. look at the money you have and the money you need in the future to decide if you need the next big picture. doug? >> doug: thank you, molly. residents of
if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial...
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Dec 30, 2012
12/12
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FOXNEWSW
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now, pushing a deal on the fiscal cliff. as you noted on capitol hill is where all of the action is right now. the president when he bought the leaders here on friday said they have to try to work something out over the next couple of days and said on "meet the press" his position was either there is a deal or he wants the senate to bring up h his version of this short-term stop gap measure that would extend tax cuts for those making $250,000 or less and extend unemployment. he said if republicans stop they will be to blame for the fiscal cliff. what role do you have in this don't you have to show leadership to break the imabout passe? the president went back to pointing the finger at republicans. take a list. >> speaker boehner and republican leader mcconnell to accept the fact taxes on wealthiest americans should go up a little bit. if folks can't say yes to good offers i have an obligation of the american people to make sure that the entire burden of deficit reduction doesn't fall on seniors who are relying on medicare. >
now, pushing a deal on the fiscal cliff. as you noted on capitol hill is where all of the action is right now. the president when he bought the leaders here on friday said they have to try to work something out over the next couple of days and said on "meet the press" his position was either there is a deal or he wants the senate to bring up h his version of this short-term stop gap measure that would extend tax cuts for those making $250,000 or less and extend unemployment. he said...
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Dec 24, 2012
12/12
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CNNW
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investors going into a short holiday week worried about a fiscal cliff deal. all markets pointing to a lower open. markets close at 1:00 p.m. eastern today. >>> gas prices have dropped by nearly 12 cents over the last two weeks. the average cost of a gallon of regular is $3.26, according to the latest lundberg survey. in the last 11 weeks, gas prices have fallen by 58 cents per gallon. lower prices at the pump are not likely to continue. we can see an increase of 5 or 10 cents per gallon soon, due to increasing crude oil prices. >>> a potential big snag for transport and trade. 16,000 workers at 15 ports from boston to houston on the verge of going on strike. the international long shoreman's observation association has been bargaining since march and a contract extension expires on the 29th. you've heard about the fiscal cliff. what about the dairy cliff? that's what dairy farmers and milk producers are called dairy subsidies set to expire. unless congress extends legislation, you could see milk prices double next year to about $7 a gallon. 7 bucks a gallon.
investors going into a short holiday week worried about a fiscal cliff deal. all markets pointing to a lower open. markets close at 1:00 p.m. eastern today. >>> gas prices have dropped by nearly 12 cents over the last two weeks. the average cost of a gallon of regular is $3.26, according to the latest lundberg survey. in the last 11 weeks, gas prices have fallen by 58 cents per gallon. lower prices at the pump are not likely to continue. we can see an increase of 5 or 10 cents per...
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Dec 26, 2012
12/12
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CNBC
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president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm woul
president obama cutting short his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech....
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245
Dec 24, 2012
12/12
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CNBC
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lack of fiscal cliff deal. >> absolutely. and maria, i think it is important to underscore one fact. no matter what the resolution is on the fiscal cliff, it is not going to help the balance sheet of this country. and the balance sheet of the world economy is in such disarray that the only way we solve this is by growth and all of the economies, not by taxing and not going about it the way the government is talking about it. the far and away, the number one place it avoid are long-term interest rates sensitive bonds in the united states. if there was ever an investment more obvious to avoid, i don't know what it is. stay way from government bonds that mature more than five years out and your 401(k) plans, get out of all of your bond funds, equities will rise in 2013. even though the economy is in a terrible position, stocks will rise, bonds will fall in value. stay away from bonds. >> all right, we will watch that. bob, jump in and tell us about the action on the street. down 51 point at close. was that the low, bob? >> no, n
lack of fiscal cliff deal. >> absolutely. and maria, i think it is important to underscore one fact. no matter what the resolution is on the fiscal cliff, it is not going to help the balance sheet of this country. and the balance sheet of the world economy is in such disarray that the only way we solve this is by growth and all of the economies, not by taxing and not going about it the way the government is talking about it. the far and away, the number one place it avoid are long-term...
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Dec 24, 2012
12/12
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MSNBCW
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. >>> we start with optimism as a last words that comes to mind with the fiscal cliff and with just a week left for talks left, la lawmakers are saying a deal is looking less likely than ever. >> it's a first time i feel it's more likely that we'll go over the cliff than not. and that -- if we allow that to happen it will be the most coloss colossal, consequential act of congressional irresponsibility in a long time. maybe ever in american history because of the immaterial pact on almost every single american. >> what will happen to an average american paycheck in a deal is not reached by january 1st? joining me now, washington bureau correspondent hampton pearson. let's see what the average american will or won't be seeing in their pi check. >> reporter: i'm here for the lump of coal portion of the program. if there's no deal, let's look at what happens to tax rates in just seven days and these stats are from the tax policy center. the annual income from somebody in the $50,000 to $75,000, about a $2,400 increase. jumping ahead to $100,000 to $200,000, the average tax increase, $6,60
. >>> we start with optimism as a last words that comes to mind with the fiscal cliff and with just a week left for talks left, la lawmakers are saying a deal is looking less likely than ever. >> it's a first time i feel it's more likely that we'll go over the cliff than not. and that -- if we allow that to happen it will be the most coloss colossal, consequential act of congressional irresponsibility in a long time. maybe ever in american history because of the immaterial pact...
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Dec 24, 2012
12/12
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CNNW
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eye 140
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on the fiscal cliff. >> nine days remain to get the deal done. house speaker boehner is in ohio. president obama in hawaii. >>> today we say aloha to an american hero, the late senator daniel inouye was remembered with full military honors in hawaii. the 88-year-old senator lost his arm in world war ii, he represented hawaii in washington for more than 50 years. president obama and the first lady attended today's service. the president has said inouye was his earliest political inspiration. >>> many gun shop owners say sales have been booming recently. some link that to concerns the president may impose new restrictions on firearms. thousands of north texans visited local gun shows and stores this weekend where the most powerful weapons are costing more than ever. a gun dealer told our affiliate wfaa that an assault-sometime weapon like an ar-15 a week ago ran around $900. this week anywhere from diagnosis 1,500 to $2,500. in just a few minutes my conversation with a gun shop owner, several former police officers and a school safety expert who sa
on the fiscal cliff. >> nine days remain to get the deal done. house speaker boehner is in ohio. president obama in hawaii. >>> today we say aloha to an american hero, the late senator daniel inouye was remembered with full military honors in hawaii. the 88-year-old senator lost his arm in world war ii, he represented hawaii in washington for more than 50 years. president obama and the first lady attended today's service. the president has said inouye was his earliest political...
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139
Dec 26, 2012
12/12
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FOXNEWSW
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eye 139
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if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial dollars. $500,000 to $1 million pays $34,000 more. they want $215,000 on top of what you pay in taxes. >> the wealth manager says the money you have left won't go as far as businesses also deal with their own tax hikes. >> you are going to see less money in your paycheck. >> the government has to bite the bullet with $1.2 trillion in spending cuts. more than half of that is to the defense budget. >> they say families may need austerity calculation before making big purchases. look at the money you have and the money you need in the future to decide if you need the next big picture. doug? >> doug: thank you, molly. resi
if washington can't come to a deal on the fiscal cliff. >> you have less money in a difficult economy with little clarity. >> the economy will go down sharply. >> look at the number from the tax policy center. this is the average tax hit the families take on top of what they pay on taxes. those make between $40,000 and $50,000 pay extra $1700. >> if you manage to make over $200,000, it will be a big jump up. you will need to send a check to uncle sam for $14,000 initial...
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Dec 28, 2012
12/12
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WJLA
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. >> lawmakers have just been a more days to figure out how to avoid the fiscal cliff. present obama just spoke about this. rebecca cooper is in our newsroom with what we are hearing about the meeting. >> the president quoted yogi bear saying it is deja vu all over again with congress' continuing its bickering. now he is saying they should at least a vote on extending tax cuts for middle-class americans and extending unemployment benefits before january 1, because. >> the hour for immediate action is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will considerably smaller. that would be the wrong thing to do. >> after meeting with the president and treasury secretary, congressional leaders headed back to the capital without a deal. nancy pelosi insists some progress was made. disgorge by reports the would not be a deal todaythe dow closed down. the president did not make any new offers. congress should least extend tax cuts for everyone making $250,000 or less, and exten
. >> lawmakers have just been a more days to figure out how to avoid the fiscal cliff. present obama just spoke about this. rebecca cooper is in our newsroom with what we are hearing about the meeting. >> the president quoted yogi bear saying it is deja vu all over again with congress' continuing its bickering. now he is saying they should at least a vote on extending tax cuts for middle-class americans and extending unemployment benefits before january 1, because. >> the hour...
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Dec 28, 2012
12/12
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FBC
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jeff: he thinks you and i are crazy for making too much of a deal out of the fiscal cliff. this ceo says the fiscal cliff has a bunch of outside noise. we will have his story of the fiscal cliff when we come back. ♪ ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves.. futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> im adam schapiro with your fox business brief. general dynamics have been asked to build u.s. submarines for the u.s. navy. it is worth $400 billion. the money has already been securee. barge companies fear falling water levels on the mississippi river could halt commerce as early as next week. the coast guard says it is confident that the waterway will remain open. a new report says champagne sales in france are down nearly 5% from last year. despite the weak sales, france still consumed the most to give more than 170 million bottles in the last year alon
jeff: he thinks you and i are crazy for making too much of a deal out of the fiscal cliff. this ceo says the fiscal cliff has a bunch of outside noise. we will have his story of the fiscal cliff when we come back. ♪ ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves.. futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on...
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Dec 31, 2012
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fiscal cliff. vice president joe biden is now involved in the negotiations, but senate republicans and democratic leaders remain at odds over key issues such as higher tax rates and the inheritance tax. >>> thousands turned out all across india to remember the woman who died during a gang rape. they promised to keep fighting against rape and sex-related crimes. they're also demanding the six men accused face the death penalty. her body was cremated yesterday. >>> here in new york, a woman accused of pushing a man to his death on the subway tracks is being charged with a hate crime. the 31-year-old told police she shoved the man because she thought he was muslim and laughed so hard during her arraignment the judge ordered her to stop. she's undergoing a psychiatric examination and held without bail. >>> in southern california a day of fun on a frozen lake turned into a dangerous rescue effort as one man fell on the ice. carter evans has the story. it was all caught on tape. >> reporter: it was a rar
fiscal cliff. vice president joe biden is now involved in the negotiations, but senate republicans and democratic leaders remain at odds over key issues such as higher tax rates and the inheritance tax. >>> thousands turned out all across india to remember the woman who died during a gang rape. they promised to keep fighting against rape and sex-related crimes. they're also demanding the six men accused face the death penalty. her body was cremated yesterday. >>> here in new...